How Texas A&M Is Using Its Outsource Proceeds

Texas A&M University has been funneling millions of dollars from its outsource contract with Compass Group into its academic programs but has also set more than $5 million to use at the university president's discretion, reports the Eagle campus paper as part of a series exploring the school's finances. Last year, Texas A&M had signed a five-year contract, plus an option for another five years, to operate dining, building maintenance, custodial and landscaping services at ...

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Those millions of dollars Texas A&M is receiving isn't Chartwells' money; the company isn't a division of the Little Sisters of the Poor. It's the University's own money, and students' money, generated through meal plan revenue and recycled back, after Compass/Chartwells has taken a hefty slice for its profit.